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Amaero Announces Completion of Share Purchase Plan
Globenewswireยท2025-09-26 12:00

Core Points - Amaero Ltd has completed its non-underwritten share purchase plan (SPP) after raising approximately A$470,000, with 1,175,000 new fully paid ordinary shares to be issued at A$0.40 each [1][2][3] - The proceeds from the SPP will be utilized to accelerate growth initiatives planned for FY2027 and beyond [3] Company Overview - Amaero Ltd is a leading U.S. domestic producer of high-value refractory and titanium alloy powders for additive and advanced manufacturing, primarily serving the defense, space, and aviation industries [4] - The company has advanced gas atomization technology with an industry-leading yield of additive manufacturing powder and specializes in PM-HIP manufacturing, which addresses domestic supply chain challenges for large-scale castings and forgings [4]